Question 2 Answer saved Marked out of 1.00 Flag question Jabir Market recorded the following events involving a recent purchase of merchandise: Received goods for $20,000, terms 2/10, 1/30. Returned $400 of the shipment for credit. Paid $100 freight on the shipment Paid the invoice within the discount period. What is the amount paid by Jabir Market to the seller? $19,308 $19,608 $19,108 $19,208 Question 3 Antraved Detailed records of goods held for resale are not maintained under a Maried out of 100 Pagation single entry accounting system perpetual inventory system. double entry accounting system. periodic inventory system Q4 At 30 September 2019, the following balances existed in the records of Mr. Imran Not yet antered Marked out of ACCOUNT DEBIT (5) CREDIT(5) Rag question Buildings at cost 94,000 Plant and Equipment at cost 34.000 Provision for depreciation plant and Equipment 6,000 Buildings 7,000 You are given the following additional information: Buildings is depreciated at 8% per annum using straight line method lant and Equipment is to be depreciated at 10% per annum using written down value method. The amount of depreciation expense on Buildings in the Income Statement for the year ended 30 September, 2019 4 The Net Book Value of Buildings appearing in the Statement of Financial Position as at 30 September 2019 wil be $7.520 $85.480 $86,480 $94.000 Quer 4 At 30th September 2019 the following balances existed in the records of Mr. Imran Not yet and Marked out of 2.00 ACCOUNT Rag question DEBIT (5) CREDITS 94.000 Buildings at cost 34,000 Plant and Equipment at cost Provision for depreciation plant and Equipment 6,000 Buildings 7,000 You are given the following additional information 60 Buildings is depreciated at 8% per annum using straight line method () Plant and Equipment is to be depreciated at 10% per annum using written down value method. The amount of depreciation expense on Buildings in the Income Statement for the year ended 30 September, 2019 | 56 520 $7.520 $8.520 $9,520